Press Release

Stacy Methvin to Head Shell Chemical LP

29/06/2006

Stacy Methvin has been appointed President and CEO of Shell Chemical LP effective July 1, 2006. In addition to her new role, Stacy will continue to have responsibility for Base Chemicals Americas and Global C4s and C5s. She will continue to report to Fran Keeth, Executive Vice President Chemicals, from her Houston base.

Stacy began her career with Shell in 1979 as a geological engineer in the Exploration & Production (E&P) offices in New Orleans, having graduated from Princeton University with a bachelors degree in geology. Since then Stacy has held several managerial positions in E&P before taking up an assignment as President, Shell Deer Park Refining Company in 1998, followed by President, Shell Pipeline Company LP in 2002. Stacy joined the Chemicals Leadership Team as Vice President Base Chemicals Americas and Global C4s and C5s on 1 January 2005.

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Stacy takes over the Shell Chemical LP role from Fran Keeth, Executive Vice President (EVP) Chemicals. Commenting on the appointment Fran said: " This move is positive for our Americas businesses. Stacy will provide regional focus, assuming a number of key business responsibilities and relationships, which will free up more of my time to concentrate on my global EVP role, including meeting with customers more frequently and engaging with other stakeholders."

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Shell Chemical LP refers to the operating company that owns and operates all of the Shell chemicals companies businesses and assets in the United States.

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For further information or to download photos please refer to the Shell Chemicals website: http://www.shellchemicals.com - opens in new window.

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MEDIA ENQUIRIES:

Shell Chemicals: Bianca Ruakere, +44 207 934 4506. bianca.ruakere@shell.com

Media Relations: Sarah Smallhorn +44 207 934 2713. sarah.smallhorn@shell.com

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Notes to Editors

Shell companies have their own separate identities but we may sometimes use "Shell", "Group, "we" or "us" when we refer to Shell companies in general or where no useful purpose is served by identifying any particular Shell company.

Shell Chemicals collectively refers to the companies of the Shell Group engaged in the chemicals business. Shell chemicals companies manufacture and deliver petrochemical building blocks and polyolefins to industrial customers. These products are widely used in plastics, coatings and detergents. For further information, please visit shell.com/chemicals - opens in new window.

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Disclaimer statement

The following press release contains forward-looking statements, that are subject to risk factors associated with the oil, gas, power, chemicals and renewables business. It is believed that the expectations reflected in these statements are reasonable, but may be affected by a variety of variables which could cause actual results or trends to differ materially, including, but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimates, loss of market, industry competition, environmental risks, physical risks, the risk of doing business in developing countries, legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.

Please refer to the Annual Report on Form 20-F for the year ended December 31, 2005 for a description of certain important factors, risks and uncertainties that may affect the Companies' businesses. Neither of the Companies undertake any obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or otherwise.

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Cautionary Note to US Investors:

The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this announcement, such as "20 billion barrels of oil equivalent resources" that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575 and disclosure in our Forms 6-K file No 1-32575, available on the SEC's website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.